A Comparative Analysis Of Indira Awas Yojana And Pradhan Mantri Awas Yojana In Housing Development Of India

Abstract

Two important home development programs in India are compared in this essay. One is the Pradhan Mantri Awas Yojana (PMAY) scheme, and the other is the Indira Awas Yojana (IAY) scheme. Using a multidimensional approach, the current study has examined the objectives, methods of implementation, effects on recipients, and overall efficacy of both programs. The PMAY program was launched in 2015 with the goal of giving urban poor people access to affordable housing by utilizing a comprehensive and forward-thinking framework. In contrast, the IAY program was put into place in 1985 with the intention of providing housing assistance to people living in rural areas. Despite the fact that both programs have greatly reduced India's housing need, the IAY and PMAY schemes were later combined in 2016. While the inclusive and participatory model of the PMAY has shown promising outcomes in urban areas, the targeted strategy of the IAY plan has a considerable influence on housing in rural areas. The findings suggest that India's numerous housing and housing development problems might be better served by a hybrid strategy that incorporates the finest elements of both programs. Based solely on secondary data, the current study has attempted to provide a comparative picture of both schemes, demonstrating their scope, scale, and outcomes for the beneficiaries in India.